SEC Form 4 · accession 0001553350-16-002860
BASANITE, INC. · BASA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Edward A Cespedes
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Dec 24, 2016
Accepted (ET)
Dec 28, 2016 · 2:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001448705
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3,F2 | Dec 24, 2016 | G | 40,000 | — | D | 2,824,142 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents gift of shares as follows: 40,000 shares to Trustees of Columbia University.
- F2Gifted securities held by Edward A. Cespedes Revocable Trust dated August 22, 2007 (the "Cespedes Trust"). Edward A. Cespedes is trustee of the Cespedes Trust.
- F3Not applicable.